FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Real Estate / The Ticker

Why homebuilder stocks are plunging suddenly

/ Print / Reprints /
| Share More
/ Text Size+

The decline in homebuilder stocks came a day after the Federal Reserve suggested it may reduce the bond buying that has pumped up equity markets for more than a year, writes Money Morning. Experts noted that homebuilder stocks are particularly sensitive to rising interest rates.

With rising rates, said Money Morning Chief Investment Strategist Keith Fitz-Gerald, "The homebuilders are going to have to do one of two things: They're either going to have to stop building because there's no demand or they're going have to lower their prices, which is going to hurt their profit margin."

Source: Money Morning
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus